Family Wealth Advisory Group, LLC is a large advisory firm based in Cincinnati. It manages $165.36 million of regulatory assets for 661 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Florida, Indiana, Kentucky, Louisiana, and Ohio.
Family Wealth Advisory Group provides financial planning services, portfolio management for individuals and small businesses, and matters not involving securities. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Family Wealth Advisory Group, LLC is $165.36 million. The firm's AUM has grown by 281% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Family Wealth Advisory Group, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Family Wealth Advisory Group is high net worth individuals with 59 clients and $121.83 million of assets under management. Among the 10 most similar advisory firms, Family Wealth Advisory Group has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $165.36 million for 161 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Family Wealth Advisory Group doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Family Wealth Advisory Group, LLC performs its advisory services is located at 7359 East Kemper Road, Cincinnati, OH 45249, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 513-469-8100 or by fax 800-295-6922. The normal business hours are 8:30 - 4:30 on Monday - Friday. You can find more information about the New York firm at fwag.com.